This paper conducts a thorough review of the literature on the feasibility and current state-of-the-art incorporation of basalt fiber (BF) into asphalt pavement materials, focusing on fiber characteristics, dosage, incorporation methods, mixture properties, and surface modification techniques. The optimum basalt fiber dosage should be determined based on engineering performance parameters such as asphalt type, fatigue cracking, thermal cracking, rutting, and moisture resistance of asphalt mixtures. Basalt fibers are added to asphalt mixes by dry method or mixed method to achieve better dispersion. Adding BF to asphalt mixtures increased performance characteristics like cracking resistance, rutting resistance, and fatigue resistance. Overall, incorporating BF into asphalt mixtures would lower costs while increasing pavement service life. More research is needed to fully understand the effects of different sizes of BF on pavement performance and the possible environmental and economic repercussions of fiber surface alteration.